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. you've heard that the first quarter was tough. probably payroll tax impacted more than anything else. and small business is -- and big business for that matter is totally the flux with the obama care act and what it all means. and business is looking at part-time, that you've got to keep people under 30 hours. they don't want to employ more than 50 people. and nobody really knows how this thing is going to work. now, as far as the japanese yen, every major manufacturer in the world has made a strategic decision to produce where they sell. no manufacturer can deal with the volatility in exchange rates. and if you look at where the japanese are today compared to 10, 20 years ago, there is no comparison with let's say 80% produced in north america. so the exchange rate has been dramatically reduced as a factor in our business. and at the moment, i don't see any impact. >> okay, mike, $42. we've been friends a long time. you couldn't tell me at four bucks that that was something i should -- actually, we're not allowed to do it, anyway, but you couldn't have mentioned that back in 2008 or
to have the same enthusiasm for paying taxes for the education of its college students today than it had during the cold war. >> anybody else? back in the red shirt in the middle here. >> one of the kingpins of hollywood, more behind the seasons, was lou wasserman who seemed to helped his forces to some political efforts. what was his leanings? was he considered to be a lefty, righty, or just a pragmatist. >> the question is about lou wasserman and his political lengs. -- political leanings. richard? >> lou was seniorman was essentially a man defeated to the welfare of universal pictures. that's what he did and how he defined himself. it seems to me that wasserman was in a certain sense value neutral so long as whatever was happening worked to the benefit of his studio and his enterprise, and it was a vast enterprise by the time it was -- it reached full maturity. i don't think he was -- i don't think he was evil man. he was just a guy really tending to business in a very, very, i must say, very effective way. there's no question in my mind at least, that he was the weeding ontrip -- the
. and, most importantly, president obama wants more taxes. >> correct. when was the last time an american president ever deliberately inflicted pain on the population in order to score a political point? >>brian: there was a delay in new york for two to three hours as well as chicago and atlanta. this is incredible. how long can that continue? >> it's going to go on in the future apparently. >>steve: could go through the summer. >> they are going to cut $637 million out of the f.a.a.'s budget. that will affect some of the 15,000 air traffic controllers. and they're expecting delays on 6,700 flights a day. >>steve: the extraordinary thing is of the f.a.a.'s budget, 70% is the payroll for the guys in the tower and what not. 70%. why don't they make the cuts to the 30% that doesn't involve -- >> why is it you've got more air traffic controllers today than you did a year ago, you're spending more on the f.a.a. today than a year ago and you can't cut out of there when incurring delays on the suffering public? >>brian: this segment is so much better than yesterday's; am i right, guy
be another one of those. but you have had the payroll tax increase go into effect. you've had sequestration go into effect. you have no growth in people's incomes. that was the more disappointing numbers out of the last unemployment insurance report. and if people don't have money, they can't spend money. and finally, we're being affected in the slowdown in europe in particular and the slowdown in the emerging markets. our export growth has fallen to about zero at the moment because there isn't demand overseas for our products. so it feels like a little bit of a soft spot, but we'll see. >> how much of this is consumer confidence, do you think? >> consumer confidence definitely plays a role. but consumers right now don't have the money to spend. and if they went out and spent, they'd be borrowing money. i don't think -- i think it's a more fundamental problem in a way than consumer confidence. >> steve, my long wait yesterday trying to get up to new york, in the lounge was tim geithner waiting for the flight, as well. i asked him, we're seeing these good signs in the economy, how much of it
she brought the tax rate from 83 to 40% and dealt with the labor problem as katty said and she made enormous progress. and, by the way, everyone who blames her for the crisis in 2008, you know, in between margaret thatcher and 2008 there were three or four british prime ministers and then now david cameron. none of them reversed the system. as someone said a minute ago, everybody bought into the system and i think -- so i think her legacy is incredibly positive. the last point i would make she had the right idea about europe and why britain should fit into europe. >> she was right about britain. all these years later it cost her her job but she was right about europe. >> we will be following the funeral service under way right now throughout the morning. martin bashir, thank you. we will see you at 3:00 eastern time on msnbc. >> thank you, martin. appreciate it. >>> coming up next, the gun background check bill is on shaky ground as it heads to a vote today in the senate. will it break down its chances of passing? next. you're watching "morning joe," brewed by starbucks. at tyco int
happened in waco. one more quick note about the timing. yesterday was tax day for everyone in this country but here in boston it was patriots day which commemorates the battles of lexington and concord, the start of the u.s. revolutionary war. big day not only for the country but boston. >> what was supposed to be a celebration turned out differently. let's go back to new york and savannah. >> matt on monday evening president obama spoke about this tragedy offering his thoughts and prayers to the city and vowing justice to those involved. i happened to sit down with him shortly before these explosions and we talked about a number of things in the headlines. we began with the gun legislation before congress that many say is now hanging by a thread. >> i think we've got a good chance of seeing it pass if members of congress are listening to the american people so let's just take the example of background checks. 90% of americans think that we should make it tougher for criminals or people with serious mental illnesses to obtain a gun, and so the notion that congress would defy the overwhelmi
to defend soviet totalitarianism. they don't have the same thing for paying taxes for the education of its college students today. one of the kingpins of hollywood mourned behind the scenes he seemed to lend solace time -- what were his lanning as? was he left, right, what were his politics? he was eventually a man devoted to the welfare of universal pictures. that's what he did, that's how he definedit seems t me thatase. so long as work to the benefit his studio and enterprise and was a vast enterprise but it reached full maturity. i don't think he was an evil man is no my mind a guy tending toy he was the leading entrepreneur of hollywood and he was the man people went to to settle disputes and problems and he was notoriously fairly honest broker he's a fascinating man and there's a tendency with people of great power and motion picture business there is a tendency to kind of step back and kind of fear, but i think in the largest sense he was an honest broker and there are not that many of them in the industry ever so i don't think we will know the full extent what he was doing, what h
Search Results 0 to 6 of about 7

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